Fed’s Williams says rates are ‘in the right place’ but policy is not set in stone

Fed’s Williams says rates are ‘in the right place’ but policy is not set in stone

John Williams, Chief Executive Officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019.
Carlo Allegri | Reuters

New York Fed President John Williams said he is content with the current position of monetary policy and interest rates but said the central bank should be prepared to act aggressively to anticipate negative shocks to the economy.
In a speech…

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